Revenue Accounting Specialist

4 weeks ago


Toronto, Ontario, Canada Porter Airlines Full time

Job Summary

The Revenue Accounting Specialist will be responsible for ensuring the accuracy and timeliness of Porter Airlines' passenger-related revenues. This role will act as a business partner to ensure appropriate accounting treatment is in place to support revenue reporting. The specialist will provide analytics and data in a timely manner for decision support, focusing on ensuring the company's financial strategy, decisions, and policies are commercial and compliant.

Key Responsibilities

  • General ledger postings and reconciliations
  • Financial analysis of revenue and unearned liability accounts
  • Ensuring internal controls are properly maintained
  • Implementing revenue initiatives, including accounting process, contract review, systems testing, and upgrades

Accounting and Reporting

  • Performing month-end activities and account reconciliations
  • Completing interline sales settlement processing
  • Monitoring and reviewing sales and settlements with interline partners and merchants
  • Ensuring revenue accounting is compliant with accounting standards

Contract Review and Compliance

  • Reviewing contracts to understand contract terms and translate them into accounting events
  • Providing feedback and ensuring systems are properly tested and upgraded

Collaboration and Communication

  • Liaising with external auditors and providing audit deliverables
  • Assisting in the year-end audit and ensuring the balance sheet is supported by appropriate analytics and working papers

Qualifications

  • Strong analytical, decision-making, and problem-solving skills
  • Knowledge of IT systems, including Excel, data warehouse, business intelligence, and reporting fundamentals
  • Excellent verbal and written communication skills and ability to work with cross-functional teams
  • Proven ability to embrace technology for continuous process improvements and cost reductions

Preferred Qualifications

  • Previous airline industry experience with knowledge of e-ticket lifecycle and interline/code share accounting
  • Canadian professional accounting designation (CPA, CA, or CMA)


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